89 feet on cascade lane Vacation Property for Sale, FL 33401

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AAA RATED 2 DIAMOND OCEANFRONT HOTEL (50 Units) For SALE By Owner!!!

Price: 5995000
Address: 89 feet on cascade lane
City: West Palm Beach
State: FL
Zip: 33401
Provided By: Claz

Description:

Retail/Commercial offered at $5,995,000 Year Built 1966 Sq Footage 28,500 Floors 4 Parking Car garage Lot Size 36,074 sqft Maint $0 per month DESCRIPTION Waterfront hotel on Ocean Avenue, Appraised at $7.5 Mi w/ a 4 1/2 Hotel Star Rating!!! ADDRESS: (123 South Ocean Avenue West Palm Beach FL 33404) PROPERTY TYPE: 4-Story CBS Hotel on pilings with 50 guest rooms, Roof top restaurant, Swimming Pool, Sun Deck on Roof Level, 40 car parking on lower level (Plus, 15 Surface Paved Spaces), This property was originally built as a Best Western Hotel in 1966. SIZE: - 28,500 SQ FT. (0.65 Acres) - Total/Usable Size - 36,074 SQ FT. - Gross Building Area *Net Leasable Area : Lobbys, Halls, and Service Areas are deducted from the Gross Building Area. - Approved for Building (3) Additional floors. INTERIOR PROPERTY DESCRIPTION: - The 1st Floor has 14 Guest Rooms, while the 2nd and 3rd have 18 rooms each (Total of 50 ROOMS.) -15 Rooms have a Single KING bed, and 35 Rooms have Two DOUBLE Beds.

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